Enlarge / The view taking off from Keflavik International Airport. (credit: Eric Salard / Flickr) One of the suspects arrested in Iceland’s “Big Bitcoin Heist” has reportedly fled the country for Sweden. According to the Associated Press, Sindri Thor Stefansson likely left a “low-security prison” in the southern region of the country on Wednesday. He […]

Enlarge / Reykjanes is just southwest of the capital, Reykjavik. (credit: Jennifer Boyer) Eleven people have been arrested in Iceland as a result of what local media are calling the “Big Bitcoin Heist”—600 mining computers were recently stolen from Icelandic data centers in four separate burglaries between December 2017 and January 2018. According to the Associated […]

Reports last month that rapper 50 Cent had forgotten about $7 million or so in bitcoin he owned have been given the lie by the man himself, who declares in court documents that he “has never owned, and does not now own, a bitcoin account or any bitcoin,” nor did any of his companies. Read […]

Bitcoin has essentially become the poster child for cryptocurrencies, and that’s a problem for cybercriminals dealing on the dark web. From a report: Researchers from Recorded Future, a threat intelligence company, looked through 150 of the dark web’s top marketplaces and forums and found that bitcoin’s boom is driving shady characters away from the cryptocurrency. […]

Enlarge (credit: Chris Ratcliffe/Bloomberg via Getty Images) If there were any lingering doubts about whether the Bitcoin bubble was over, those should be gone now. After falling below $9,000 last Thursday for the first time since November, Bitcoin has fallen south of $7,500 as of this writing. Bitcoin was trading at right around $8,250 at […]

The price of bitcoin and other cryptocurrencies dropped significantly today off the back of ‘news’ that South Korea’s government might ban trading exchanges. As ever in the world of crypto, the slightest ripple of information can be taken out of context, and that appears to be the case here. Reuters reported comments from Korean Justice […]